Jakarta (ANTARA) - Manpower Minister Yassierli has said that old-age\nprotection for informal workers, who still underpin the national\neconomy, must be a primary concern for the government and other\nstakeholders.<\/p>\n
\u201cThis is a concern for us, a concern for all of us \u2014 how they can\nstill obtain social protection, because every citizen has the right to\nsocial protection,\u201d the Minister said in a statement in Jakarta on\nMonday.<\/p>\n
Yassierli further revealed that one of the government\u2019s current\nchallenges is a workforce structure still dominated by informal sector\nworkers.<\/p>\n
He said that of the roughly 155 million workers in Indonesia, around\n60 per cent work in the informal sector.<\/p>\n
According to him, the government is committed to ensuring these\nworkers are not only productive during their working years but can also\nlive independently and prosperously as they enter old age.<\/p>\n
Yassierli also reminded that Indonesia is currently still in the\nmidst of its demographic bonus and will gradually face the challenge of\nan ageing population.<\/p>\n
This condition needs to be anticipated by ensuring people have\nadequate preparedness and protection when entering their post-working\nyears.<\/p>\n
\u201cWe want them to remain able to contribute, to not be dependent on\nproductive workers,\u201d he added.<\/p>\n
Therefore, Yassierli believes cross-sector collaboration is essential\nto ensure that people who have entered their post-working years can\nstill live decently and independently.<\/p>\n
One such initiative is that of the Financial Services Authority (OJK)\nthrough the launch of Pension Fund Month 2026, which he considers part\nof strengthening social protection and improving community welfare in\nold age.<\/p>\n
\u201cThe initiative is seen as aligned with the government\u2019s efforts to\nbroaden social protection coverage for the entire workforce in\nIndonesia,\u201d the Minister said.<\/p>\n
Meanwhile, Chair of the OJK Board of Commissioners Friderica\nWidyasari Dewi said the launch of Pension Fund Month is an important\nmoment to raise public awareness and understanding of the importance of\npreparing pension funds from the moment one enters the world of\nwork.<\/p>\n
According to OJK data, Indonesia\u2019s pension fund literacy index has\nonly reached 22 per cent.<\/p>\n
This figure indicates that public understanding still needs to\nimprove regarding the importance of preparing financial security for old\nage.<\/p>\n
\u201cIt is homework for OJK, the House of Representatives (DPR), the\ngovernment, pension fund associations, and pension fund companies to\nhelp the public understand that pension funds must be prepared, even\nfrom the time a person starts working independently or at their\nworkplace,\u201d said Friderica.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/manpower-minister-old-age-protection-for-informal-workers-must-be-a-priority-1788749528", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }